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...overlay that with the fairly constant vilification of the agencies by politicians and the media. When word got out earlier this month that Fannie and Freddie were planning on paying out some $210 million in retention bonuses to 7,600 employers over the course of 18 months, lawmakers went haywire (Kellermann was pegged to receive a retention bonus of $850,000). "It's hard to see any common sense in management decisions that award hundreds of millions in bonuses when their organizations lost more than $100 billion in a year," Senator Charles Grassley said in a statement. Barney Frank, chair...

Author: /time Magazine | Title: Kellermann's Death Is Latest Shock To Freddie Mac | 4/22/2009 | See Source »

...That point came earlier this school year when Altmaier was offered the chance to conduct genetics research that would lead to her officially co-authoring a paper. As a Human Evolutionary Biology concentrator interested in a career in science, the opportunity was irresistible. After spending a summer “emotionally exhausted,” talking to her roommates and parents, Altmaier decided that she couldn’t handle another year of basketball. The coaches understood her situation...

Author: By Mark J. Chiusano and Hyung W. Kim, CRIMSON STAFF WRITERS | Title: Leaving the Locker Room | 4/22/2009 | See Source »

...prospects of students looking for employment among the stacks. As the Houses contend with a University mandate to cut their budgets by 25 percent, some libraries are preferentially hiring students on work-study, whose wages are subsidized by the federal government. In Kirkland, for example, though applications poured in earlier this year—according to Kirkland House library tutor Allison K. Rone ’06, about 60 students applied—the House could not afford to accommodate as many undergraduates who did not qualify for federal work-study as in past years. All the Kirkland undergraduates...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERSS | Title: Library Budgets Force Student Job Cuts | 4/22/2009 | See Source »

...called "national security letters," which allow the bureau to get information from private organizations without court supervision. And there is mounting concern about the National Security Agency's use of its spying powers on Americans. Just last week, the New York Times revealed that the agency had attempted earlier this decade to eavesdrop without a warrant on a member of Congress traveling overseas. Obama, who has frustrated some civil-liberties advocates with his stated preference to focus on the future rather than the past, is also likely to face continuing pressure from Congress to cooperate with investigations of CIA rendition...

Author: /time Magazine | Title: Civil-Liberties Advocates Dismayed By Obama's Moves | 4/21/2009 | See Source »

...plant suitcase bombs on commuter trains in Cologne's main station. The explosives failed to detonate and no one was injured. A Lebanese man, Youssef Mohammed el-Hajdib, was convicted in Dec. 2008 of attempted murder and sentenced to life in prison for the failed attack. A year earlier, another Lebanese man, Jihad Hamad, had been sentenced to 12 years in prison by a Lebanese court for his role in the plot...

Author: /time Magazine | Title: Four on Trial in German Terrorism Case | 4/21/2009 | See Source »

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